Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Segment Information

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(In millions)	2023		2022		2023		2022
Gross revenues
Ag Services and Oilseeds	$	20,864	$	22,468	$	40,778	$	41,600
Carbohydrate Solutions	3,829		4,500		8,095		8,680
Nutrition	1,926		2,055		3,870		4,021
Other Business	112		101		215		208
Intersegment elimination	(1,541)		(1,840)		(3,696)		(3,575)
Total gross revenues	$	25,190	$	27,284	$	49,262	$	50,934
Intersegment sales
Ag Services and Oilseeds	$	1,020	$	1,039	$	2,355	$	1,918
Carbohydrate Solutions	448		749		1,177		1,563
Nutrition	73		52		164		94
Total intersegment sales	$	1,541	$	1,840	$	3,696	$	3,575
Revenues from external customers
Ag Services and Oilseeds
Ag Services	$	13,366	$	14,333	$	25,061	$	26,180
Crushing	3,480		3,362		7,163		6,584
Refined Products and Other	2,998		3,734		6,199		6,918
Total Ag Services and Oilseeds	19,844		21,429		38,423		39,682
Carbohydrate Solutions
Starches and Sweeteners	2,475		2,519		5,212		5,017
Vantage Corn Processors	906		1,232		1,706		2,100
Total Carbohydrate Solutions	3,381		3,751		6,918		7,117
Nutrition
Human Nutrition	966		1,020		1,902		1,978
Animal Nutrition	887		983		1,804		1,949
Total Nutrition	1,853		2,003		3,706		3,927
Other Business	112		101		215		208
Total revenues from external customers	$	25,190	$	27,284	$	49,262	$	50,934

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(In millions)	2023		2022		2023		2022
Segment operating profit
Ag Services and Oilseeds	$	1,054	$	1,119	$	2,264	$	2,127
Carbohydrate Solutions	303		473		576		790
Nutrition	185		239		330		428
Other Business	86		18		183		60
Specified Items:
Gains on sales of assets(1)	11		—		12		1
Impairment and restructuring charges and contingency provisions(2)	(114)		(9)		(121)		(27)
Total segment operating profit	1,525		1,840		3,244		3,379
Corporate	(393)		(321)		(715)		(589)
Earnings before income taxes	$	1,132	$	1,519	$	2,529	$	2,790

(1) Consists of gains related to the sale of certain assets in all periods presented.

(2) Current quarter and year-to-date charges were related to the impairment of certain long-lived assets and intangibles, restructuring, and a contingent loss provision related to import duties. Prior-year quarter and year-to-date charges were related to the impairment of certain Ukraine assets. Prior year-to-date charges was partially offset by an insurance settlement.